Ronald Coase, 1910 - 2013

Elsewhere, on Ronald Coase:

• An obituary in the New York Times.
• John Cassidy offers an appreciation.
• Mike Konczal explains that Coase's unintentionally undermines propertarianism (sometimes called "libertarianism").
• Discussion of Coase at Crooked Timber.
• An older piece, from Deidre McCloskey, arguing that the "Coase theorem" is misleadingly named.

Past posts from me:

• The Coase Theorem does not describe market transactions.
• Elodie Bertrand shows shows Coase was mistaken about lighthouses.
• Michael Albert argues that building a law and economics approach on the Coase theorem encourages bullying and nasty behavior.

Related past posts from me:

• Transactions costs make a nonsense out of the textbook theory of the firm under perfect competition.
• America institutionalists had combined law and economics before Coase's work was picked up.